2020 Best Annuity Rates in Canada
Annuity Comparison Tables
November 02, 2020
Figure 1. Annuity Rates 2020
Annuity Rates as of November 2, 2020
Single Life: Male
Single Life Female
Joint Life
The following monthly annuity rates are based on a premium of $100,000.00 of registered funds. Payments will commence in one month.
Annuity Rates as of November 2, 2020
Company
55
60
65
70
75
80
BMO Insurance
377.01
421.42
485.23
583.10
674.31
866.65
Canada Life
364.37
401.64
455.21
532.09
647.65
820.37
Desjardins Fin. Security
374.40
417.50
476.12
559.18
671.77
822.42
Empire Life
357.31
400.76
459.58
539.40
645.89
-
RBC Life Insurance
352.43
392.95
447.01
528.25
653.54
857.07
Sun Life Assurance
343.55
395.91
475.59
567.93
682.55
862.13
Company
55
60
65
70
75
80
BMO Insurance
372.45
413.02
467.65
543.76
593.15
685.90
Canada Life
361.24
396.24
445.21
510.39
595.02
682.42
Desjardins Fin. Security
371.69
412.72
467.12
539.44
624.66
727.02
Empire Life
354.56
395.00
446.80
512.61
596.77
702.56
Equitable Life
377.11
421.58
477.82
551.94
614.86
679.72
RBC Life Insurance
353.90
419.02
476.84
548.02
613.18
727.64
Sun Life Assurance
341.20
390.89
463.62
540.77
617.85
705.62
Company
55
60
65
70
75
80
BMO Insurance
354.23
392.56
436.77
517.65
583.31
750.21
Canada Life
340.63
370.47
415.83
475.86
560.68
676.58
Desjardins Fin. Security
350.39
387.84
437.98
507.15
598.50
731.24
Empire Life
332.88
367.94
415.63
482.55
579.63
-
RBC Life Insurance
330.00
368.10
415.09
481.98
582.64
744.66
Sun Life Assurance
326.91
370.63
433.69
516.02
620.65
777.49
Company
55
60
65
70
75
80
BMO Insurance
352.15
388.46
428.52
499.23
541.95
643.16
Canada Life
339.48
368.23
411.26
466.22
538.75
619.39
Desjardins Fin. Security
349.11
385.28
432.67
495.68
572.38
675.56
Empire Life
331.79
365.62
410.50
471.02
552.84
658.10
Equitable Life
354.86
392.47
438.77
504.00
569.72
637.91
RBC Life Insurance
341.63
389.67
436.65
502.25
558.17
668.54
Sun Life Assurance
325.29
367.18
425.98
498.62
577.85
667.71
Company
55
60
65
70
75
80
BMO Insurance
322.20
351.39
383.38
445.78
485.84
606.29
Canada Life
303.65
342.92
373.29
422.34
492.26
591.96
Desjardins Fin. Security
321.94
352.02
392.63
449.10
522.90
639.88
Empire Life
307.32
334.75
371.78
423.02
496.29
-
RBC Life Insurance
320.04
343.32
373.27
424.42
500.67
621.66
Sun Life Assurance
290.42
326.89
384.68
442.75
515.75
632.67
Company
55
60
65
70
75
80
BMO Insurance
322.12
351.18
382.74
443.53
478.36
578.32
Canada Life
303.62
342.83
373.04
421.51
489.07
577.22
Desjardins Fin. Security
321.92
351.94
392.38
448.27
519.66
625.47
Empire Life
307.30
334.66
371.43
421.91
492.88
594.72
Equitable Life
323.96
354.07
392.32
450.55
504.68
576.11
RBC Life Insurance
318.41
351.69
399.76
448.17
512.37
612.65
Sun Life Assurance
290.39
326.78
384.25
441.23
509.52
606.63
*Manulife has discontinued external sales of individual fixed annuities.
